MTD vs. PHMIX
Compare and contrast key facts about Mettler-Toledo International Inc. (MTD) and PIMCO High Yield Municipal Bond Fund (PHMIX).
PHMIX is managed by PIMCO. It was launched on Jul 30, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MTD or PHMIX.
Performance
MTD vs. PHMIX - Performance Comparison
Returns By Period
In the year-to-date period, MTD achieves a -3.17% return, which is significantly lower than PHMIX's 4.89% return. Over the past 10 years, MTD has outperformed PHMIX with an annualized return of 14.92%, while PHMIX has yielded a comparatively lower 4.12% annualized return.
MTD
-3.17%
-14.51%
-22.64%
11.96%
10.39%
14.92%
PHMIX
4.89%
-0.67%
3.40%
11.00%
1.99%
4.12%
Key characteristics
| MTD | PHMIX | |
|---|---|---|
| Sharpe Ratio | 0.36 | 2.65 |
| Sortino Ratio | 0.80 | 4.11 |
| Omega Ratio | 1.10 | 1.63 |
| Calmar Ratio | 0.31 | 0.96 |
| Martin Ratio | 1.61 | 13.56 |
| Ulcer Index | 7.37% | 0.82% |
| Daily Std Dev | 33.30% | 4.21% |
| Max Drawdown | -61.43% | -35.54% |
| Current Drawdown | -31.01% | -1.87% |
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Correlation
The correlation between MTD and PHMIX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Risk-Adjusted Performance
MTD vs. PHMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mettler-Toledo International Inc. (MTD) and PIMCO High Yield Municipal Bond Fund (PHMIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
MTD vs. PHMIX - Dividend Comparison
MTD has not paid dividends to shareholders, while PHMIX's dividend yield for the trailing twelve months is around 4.61%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTD Mettler-Toledo International Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PHMIX PIMCO High Yield Municipal Bond Fund | 4.61% | 4.72% | 4.33% | 2.99% | 3.07% | 3.82% | 4.25% | 4.21% | 4.13% | 4.47% | 4.51% | 4.75% |
Drawdowns
MTD vs. PHMIX - Drawdown Comparison
The maximum MTD drawdown since its inception was -61.43%, which is greater than PHMIX's maximum drawdown of -35.54%. Use the drawdown chart below to compare losses from any high point for MTD and PHMIX. For additional features, visit the drawdowns tool.
Volatility
MTD vs. PHMIX - Volatility Comparison
Mettler-Toledo International Inc. (MTD) has a higher volatility of 11.52% compared to PIMCO High Yield Municipal Bond Fund (PHMIX) at 2.01%. This indicates that MTD's price experiences larger fluctuations and is considered to be riskier than PHMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.